Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Refine search results

Journals help

  1. 1 Finansowy Kwartalnik Internetowy e-Finanse

Years help

  1. 1 2011

Authors help

  1. 1 Bochenek P.

Results found: 1

first rewind previous Page / 1 next fast forward last

Search results

Search:
in the keywords:  OVERINVESTMENT THEORIES
help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1
Publication available in full text mode
Content available

THE SPECULATION BUBBLE ON THE REAL ESTATE MARKET IN THE USA IN VIEW OF SELECTED OVERINVESTMENT THEORIES (Problem banki spekulacyjnej na rynku nieruchomosci w Stanach Zjednoczonych w swietle wybranych teorii przeinwestowania)

100%
Bochenek P.
Finansowy Kwartalnik Internetowy e-Finanse
|
2011
|
vol. 7
|
issue 1
79-95
EN
This paper offers a specific analysis of speculation bubbles in the economic history of the world, and then tries to identify the causes and effects of the speculation bubble on the real estate market in the USA, which was the main cause of the subprime crisis. The first part of the paper aims at defining the phenomenon of economic fluctuations and speculation bubble and presenting the most popular theories of overinvestment, which emphasize the importance of speculation phenomenon. The next part of the article describes direct causes of subprime crisis. Special attention has been paid to the processes taking place on the real estate market in the USA in the past fifteen years. The final section of the paper is a synthesis of theorems by the economists of Austrian School and Hyman Minsky, and then confronting them with real processes in the US economy in recent years.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.